View Full Version : You need a trading plan to be successfull in trading
miketega3
2012-06-29, 06:59 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
ayudiana
2012-06-29, 07:14 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
A good trading plan makes us more focused trading, while the things we do not want to happen in the trading, it is a consequence of each trader, but the important thing is how we manage our margins to continue to grow as expected.
sammy
2012-06-29, 07:16 PM
absolutely. without a proper trading plan and proper money management rules you can never survive in the very risky market of forex.. making a trading plan consists of how much will be your profit and how much u r willing to risk of ur equity..
newentry
2012-06-29, 07:16 PM
with build a plan for our trading forex then we just open the road that we will pass it
a plan is like a ble print or procedure for us to show the right way then we can trade with better and safely and also we have prepared some options to overcome some condition
arif01
2012-06-30, 10:12 AM
trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time.
posil
2012-06-30, 05:02 PM
Of course dear every trader should be careate plan for successful trading in forex market. I presume that forex is the platform where trader can trading as pert time or full term basis and trader have need to create plan on term based for achieve goal.
lilorusdi
2012-06-30, 05:38 PM
Of course dear every trader should be careate plan for successful trading in forex market. I presume that forex is the platform where trader can trading as pert time or full term basis and trader have need to create plan on term based for achieve goal.
Planning is very necessary to be made trading clear direction and purpose, scalable, and easily controlled. But the plan would be futile if not based on strong intention, did not comply and apply it properly.
larasati
2012-06-30, 08:58 PM
Planning is very necessary to be made trading clear direction and purpose, scalable, and easily controlled. But the plan would be futile if not based on strong intention, did not comply and apply it properly.
in building a perfect trading plan required a good framework also
there are important points in determining the framework, the nature of markets, strategies, and management. above is my trading plan before the open position, if you can master these three, to achieve the profit would not be difficult for you.
Finix
2012-06-30, 09:03 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
Every trader should have a proper plan to trade in forex..without proper plan one will steer his account into unknown in the vast ocean of forex..plan is very important to make consistent profit in Forex..A trader must know his plan well..he should have a clear vision in his mind how he will achieve his goal and for that what he will have to do.
safwan06
2012-06-30, 10:12 PM
yes, every trader has a trading plan by which he can trade, i prefer scalping because i am a student and i am a short time trader. so it is the main thing to me to learn for the long term trade,thank you. i am trying .
shafayet
2012-06-30, 10:19 PM
Everyday I am learning and learning forex, because I did not see its any ending , everyday I find something new that I would not know, so for keeping learning always i am trading, I thin everybody should do it , that case it will give you good result for trading.
farhannasir
2012-06-30, 11:53 PM
i think before we start any actual consideration we must have our own aircraft .. we must have powerful perspective and comprehend this industry how it performs . when we offer and when we buy . how to discover the excellent pattern and how to business with the pattern . i think if we don`t have aircraft we will reduce in few times its no whim in currency trading market
hemaelsisy
2012-07-04, 10:38 PM
trading plan who make us to get profit as we need to decide the risk also need to decide profit we need all these things to make profit at end of month also we need to decide the risk in one position
rafik_iu
2012-07-04, 11:19 PM
yes i need a trading plan to be successfull in my life. so i hope that i will be a rich man by forex . but it is a important problem that i am a stydent my time is limited. i hope that i will be be successfull in my life.
hello927
2012-07-04, 11:24 PM
In every matter without planning there is very less chances of succes. Forex is risky business and it also requires planning and it includes strategy for the current session and standby strategy in case of any big market movement. With better planning and dedication in the business there are more chances of taking profit in forex.
sarwar
2012-07-04, 11:43 PM
A properly construed trading plan is your road map to trading plans it is absolutely to have a written well defined trading plan before you began trading in the share market.without plan you will be likely to mistake
fazeel khan
2012-07-04, 11:50 PM
forex may start may koi trading plan nai kay siwae is kay app professional trader say signals buy kro is kay elawa sirf experience he asi cheez hai jo app ko earning krwa saqte hai .
skboyra
2012-07-05, 07:02 AM
of course you must have to take a trading plan before investment in the market. the trading plan will help you that that what will be your money management, what indicators will give you more support and the uses technical analysis and the fundamental analysis.
Sabbirbd
2012-07-05, 07:36 AM
I think you are right . If you want to become a successful trader then first you need to learn and then made a great plan to achieved your target .
amlanjess
2012-07-05, 08:16 AM
Thanks for the comment. It is absolutely a true fact that to do trade everyone has to maintain a clear conception of the business. Otherwise, there is no possibility of success . And for this, everyone has to acquire knowledge and information about the business. And by this, everyone can be successful in forex market business.
sarwar
2012-07-05, 08:52 AM
yes it is to be right things because to be a Forex trader plan is one of the most important puzzle of becoming a consistently profitable Forex trader yet for many traders creating a Forex trading plan can seem like something of a mystery
Md Ratul
2012-07-05, 09:09 AM
before we start trading we must have our trading plane..a proper trading plane help us to gain a proper ammount.so before trading we must have our own trading plane.
mahmood
2012-07-05, 09:47 AM
It is immaterial what you do but you need to have a sound plan for the perfect execution likewise for Forex also need to have a sound trading plan to become successful you may have to undertake many strategy to formulate your trading plan you may verify also by sharing with others.
Sabbirbd
2012-07-05, 10:09 AM
Without a good plan no one can made good profit from his own work or trade . I think I need a great plan to make good profit from forex trade .
sabbiruits
2012-07-05, 10:20 AM
in every working sector if want to perform well as you want . so you should maintain some rules, some business strategy and so on. of course in forex trading you need some trading plan to be succeed..
sabbiruits
2012-07-05, 11:01 AM
planning is one of the best strategy of forex trading. so i think every one should keep their mind that for every business you should go ahead with the planing.
kakatua
2012-07-05, 11:39 AM
All people know that without a good plan of trading no one can be make more profit from their trade . Just need first made a good plan and then start trading and enjoy your trading .
waqtitrader
2012-07-05, 11:41 AM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
han forex trading main ha he main cheez plan bagher plan k koi bhi karobar app ko koi bhi profit na hi de sakta ha es liye main to es main na app ko yahi kahoun ga k app es main na bagher koi bhi plan k na he aoo to acha ha
maesa
2012-07-05, 01:32 PM
planing is so much needed for being success in forex market.if you have no clear planing,i think you never be a success trader.so make a good plan and maintain it properly.i think it will your work very easily.
proper planning and appropriate in accordance with market conditions will allow traders to take the necessary decisions when making trading especially in times of extreme price movements, if you do not have a clear planning will be very easily provoked and trapped at a loss
zibon
2012-07-05, 02:11 PM
yes, I need a trading plan to be successful in forex trading. because without planning one can not achieve success in life. So as well as forex.
Sabbirbd
2012-07-05, 02:59 PM
Yes this is must too much necessary to earn huge profit from forex trade . If any one want to trade then first he need made a plan to go ahead . Without any plan on one can trade or win profit .
anoha
2012-07-05, 03:11 PM
Certainly has to be on any dealer that has a plan in trading first trading method itself, and which depend on them and any kind of analysis depends on the way trading Othania steps to begin achieving them one by one to maintain capital enlarged with time and achieve a greater proportion of the profit, and so on ..
anik026
2012-07-05, 03:20 PM
yes i agree with your opinion that you must have a plan to succeed in the trading because it a challenging work and by performing hard work you have to achieve the success to your sections,as a new forex member i can say it is the basic need for forex to succeed.
gemmy
2012-07-05, 03:24 PM
of course working with plans help alot and make our work and trades simple , i think also that we should work with more than one plan in order to be ready for any unexpected results while trading in forex ,
rakeshnikam
2012-07-05, 03:43 PM
as a newbie you never have a plan thats the main reason we suffer losses due to in experience of trading...as we continue trading and learn through our losses we automatically generate our very own plan and strategy which helps in gaining profits...the plan is then reanalysed according to our achievements or goals
mojcris
2012-07-05, 03:57 PM
as you all said and I agree with you , we all need plan to trade, because trading is like any other job you do, in any field or job if you don't have a plan , you all know that you won't succeed or if you did that would be because of luck !
yarab
2012-07-05, 04:01 PM
yes that is right as the most important aspect of your investing is your money management
it help you to know what you are willing to put at risk in any one trade and how you can improve your invest
challenger ab
2012-07-05, 04:12 PM
yex we open any real account we must have our own plane .. we must have strong view and understand this market how it works . when we sell and when we buy . how to find the good trend and how to trade with the trend . i think if we don`t have plane we will lose in few days its no mercy in forex market
trading planning very important if you want to trade safety without any problem because you put all you want in money management limit risks and what indicator you will use it what good strategy you will add it all this make you avoid emotion and make good profit
muhammadusmankhan
2012-07-05, 04:26 PM
to be successful trader the trader must have to be well educated about the Forex business so he can make a good plan and a good strategy to work on that plan so yes planning on the analysis and strategy for the help then yes one should be successful trader.
deathzz
2012-07-05, 04:29 PM
prior to trading the forex world we should have a trading plan is a mature and well understand the risks that exist in the forex, a sign of a trading plan means we will only be trading without the target so that we seem only to play it.
mesbahjsr
2012-07-05, 07:25 PM
of course all know that all have a plan to be successful in the trading market. though all have a plan, i have also a plan. to be successful trader in the trading market that is so much fruitful.
Autitt
2012-07-06, 08:21 AM
There should always be a plan in behind of every successful mission or job. So as to be successful in trading you must need a plan to overcome the losses and complexity of the trading system.
Sabbirbd
2012-07-06, 09:29 AM
This is obviously right . If any one want to become a successful trader then he need to made a plan for go ahead in this trade . Without any business plan no one can make good profit .
mehmoodkhan0345
2012-07-06, 09:38 AM
haan sahi baat ki hai apnay. forex main kamyaabi kay liye humare pas ek acha nazarya hona chahiye. is ki samajh boojh honi chahiye aur is pe kaam kartay kartay itna experience to ho hii jaata hai kay market kaise behave karege aur agar ye guess ghalat bhi ho jaye to itna nuksaan nahi hota jaisa ka shuru main hota hai q kay humain tab tak situation ko handle karna ajata hai...
Sabbirbd
2012-07-06, 10:02 AM
Yes I think this is correct , If any trader can made a good plan to for trade then he can earn more from trade . So first made a new and good plan to your trade and then start trading in forex trade .:D
mesbahjsr
2012-07-06, 10:04 AM
of course i must need a trading plan to become a successful trader in this trading market. not only i but also those who are still trading here have also the trading plan to be successful.
taufiqbd
2012-07-06, 10:38 AM
In success in forex trading, trading plan and strategy is more important and necessary. If a trader successfully do it then he must be success in forex on the other hand if he do not properly trading plan and strategy then he never be a good trader in forex.
bestlooser
2012-07-06, 11:12 AM
Yes I think this is correct , If any trader can made a good plan to for trade then he can earn more from trade . So first made a new and good plan to your trade and then start trading in forex trade .:D
I totally agree without a plan it will never be easy and I am strong believer if we do not have too much things for trading but if we have a good plan and good money management then we can be safe. so this is where I am always working to have a good solid plan for my trading.
anish
2012-07-06, 12:13 PM
without proper trading plan it likes a boat without a sailor . so proper trading plan should make in forex trading with the help of technical and fundamental analysis so that we can be successful at this market .Thanks to open such a tread .
Nusrat
2012-07-06, 12:19 PM
Yes planing is the more and more important step in this market to get a good and consistent profit, i the plane all of necessary thing should be included like good strategy , proper money management and also prohibiting over trade.
darksaimon
2012-07-06, 12:25 PM
i believe before we artless any proper invoice we moldiness bonk our own cut . we must human hard looking and interpret this marketplace how it complex . when we trade and when we buy . how to experience the superb trend and how to trade with the trend . i expect if we don`t person sheet we give worsen in few life its no compassion in Forex activity
ishvara
2012-07-06, 02:36 PM
All forex exchange traders must have a plan that they are relying on in their forex exchange trades. This would help them to make sure that they have successful forex trades. Having every other necessary forex skill is useless without good Planning
isbhacker
2012-07-06, 02:59 PM
yeah, sure you are right, the trader is also needed to having the trading plan when they are make the trading here, trading plan make them know what that they need to do and trading plan make them can know how to make the good trading on this business too
You are right a trader must first determine his objectives in trading and then stick to them.A trading plan is must in trading such a volatile and risky market like Forex.
cozard007
2012-07-07, 02:26 AM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
How could anyone be successful in Forex trading without a nice trading plan already in place, many traders are just trading anyhow, the real reason for trading is still lacking.
zeshan
2012-07-07, 06:04 AM
yes it is the right in the every field of the life the men is the success who makes the plan in the trading for the success in the life so the traders must plan in the success of the trading
aalul
2012-07-08, 05:11 AM
This of course I needed to guide me in my desire to maximize profits and avoid losses in case of errors in the estimates in the presence of a true planing I can trade with reference to him without fear and haste haste with which the influence of emotional distress
All trades must require a plan, how will be carried out quickly how to get capital gains how to remain stable
yeah right, if you want to succeed in forex you need to have targets and recana in your trading because with this you will be able to trade with discipline and focus and can avoid a big loss ....
forech
2012-07-08, 09:15 AM
Yes ,it is correct ,you must follow trading plane if you want to success from forex.when we follow good trading plane we can reduce our loss level.sorex has lot of trading plane,please type forex trading lesson in google and search ,it will display lot of link to follow trading plane.
kashifrehman
2012-07-09, 07:57 PM
i think before we open any real account we must have our own plane .. we must have strong view and understand this market how it works
I like your view plan is key to success and we can develop our plan demo, while developing our plan we must take care that how much money we have to trade with it and what level of risk we can afford with this all you can practice better and do not think for real account until you get 8/10 winning ratio with your plan.
hemaelsisy
2012-07-09, 09:18 PM
really we need to trade with plane to make profit at end as we need to decide take profit for position also we need to determine our risk in one position
challenger ab
2012-07-09, 09:22 PM
really we need to trade with plane to make profit at end as we need to decide take profit for position also we need to determine our risk in one position
yes we need good plane before trading because it make us think good about every thing about profit ,about risks about loss so all thing in our mind and helping us to solve any problem because we put alternative solution to it so im plane to my trade and put every thing in my mind before put the trade on the market
mokas
2012-07-09, 09:23 PM
i think that there is no secret plan to be successfull in trading but you should respect money management, making stop loss, concentrat and control your emotions when you trade that's all
khalid.sumon
2012-07-09, 09:29 PM
Of course you need a good trading plan to be successful in trading. A good plan helps a man to reach his goal. So a sound trading plan is needed to be successful in trading.
creativity-02
2012-07-09, 09:47 PM
I think before we open any real account we must have our own plan . We must have strong view and understand this market how it works ? When we sell and when we buy , how to find the good trend and how to trade with the trend . I think if we don`t have plan we will lose in few days its no mercy in forex market .
Mahfujfx
2012-07-09, 09:56 PM
Proper plan can bring massive success in any sector of our life. So it is so true that we need a very good plan to achieve expected success from trading. Without a trading plan achievements of trading will be limited.
According to my judgement i think before we open any real account we must have our own plane .. we must have strong view and understand this market how it works
abdulrazzaq
2012-07-09, 11:03 PM
I agree with you that a trading plan should be in trader's mind before starting trading and it will fruitful for him, I sure demo practice , experience and some skills of trading will also helpful for trading .
munyeria
2012-07-09, 11:21 PM
very very true. Poor planning is one cause of failure in trading. Failing to plan is also a way of digging a hole to loss for yourself. If you study your strategy well and see where you have been going wrong, coming up with the right plan should not be a big probe.
dragoneye
2012-07-09, 11:40 PM
a good trading plan helps you to make a good profit from hear and successful on this business. forex trading is not so easy. if a trader have a good trading plan he trade hear successfully and it is good for his business. trading plan is essential for trading.
mmja2003
2012-07-10, 12:20 AM
Without plan no one can success in any business. Since forex is very risky business, planning is very important in this business. I have to have a plan where to I stop, where to I open, how much loss I will sustain. how much profit will be satisfied to me. All these plans should be fixed before going to trade. I think if we can remember the plan while trading success will be caught to us must.
shofiullah
2012-07-10, 01:30 AM
I need to be a trading plan to success. Without a good plan no one can made good profit from his own work or trade . I think I need a great plan to make good profit from forex trade.
dayat
2012-07-10, 01:56 AM
Of course, any business because everything is based on good management. in addition, the management of financial capacity and management risks should always be considered. always observe the movement of a growing trend on the market, controlling emotions and not make excessive trading merukapan management circuit must be formed before and during the trader to trade
Having a trading plan is one of the most important steps to become a successful forex trader.
It is this lazy type of thinking that gets many traders into trouble and causes them to blow out trading accounts. Success in the markets is a function of discipline, and to be disciplined you need a trading plan.
Regards
elking
2012-07-10, 02:34 AM
In order to succeed at Forex plan should be developed with the beginning of the work and put the goal in front of our eyes we want to achieve in the future, and therefore this will facilitate our task very definitely
badar
2012-07-10, 02:37 AM
This is very well said. As one definitely requires to have the best trading plan like when to enter the trade and similarly when to exit from it. If this is not the case then it becomes quite difficult to absorb.
milan
2012-07-10, 06:23 AM
you staleness fuck to digest a trading counseling before finance in the marketplace. the trading mean give exploit you that that what instrument be your money direction, what indicators present think you more sustain and the uses technical analysis and the underlying reasoning.
boitali06
2012-07-10, 10:50 AM
with progress a system for our trading forex then we retributory exterior the traveling that we instrument progress it
a intend is suchlike a ble write or work for us to pretence the hand way then we can trade with surmount and safely and also we bonk prepared whatever options to subdue few process.
rafiqrashed
2012-07-10, 11:37 AM
thank you with regard to this kind of thread
i assume just before we open up almost any true description we need our plane .. we tend to must have powerful vision and even be aware of this specific business practical ideas on how that works . if we sell and when we tend to acquire . finding some successful fashion and then how to transaction with the fashion . i consider if we wear`t provide aircraft we tend to will certainly lose in few days this cans absolutely no mercy with foreign store
amero
2012-07-10, 11:51 AM
For me, I'm not the best strategy in this sense that there is Vieha a lot of indicators that are inconsistent Referring to each other and Atchett them no more, and always the result would be a loss .. adopted on 2 index only first indicator of the relative strength index and the other shows subsidies and resistors on each frame another color and I do open frame, which I traded it and wait for the arrival of one price subsidies and resistors and not broken with the presence of saturation on the RSI and I open the deal ..
mavrick
2012-07-10, 12:36 PM
Without proper planning no business man can not meet his success. So, starting a forex business at first he have to plan for it, invest into it and have to control himself according to the roll. If people work in planning he can overcome the situation.
sumon khan
2012-07-10, 12:46 PM
of course, i badly need it. plan, strategy, knowledge is needed to me because i want take it seriously and also want to make a position.
sharabela
2012-07-10, 01:12 PM
You must do. Without having a proper trading plan, one can not be a successful trader. Forex is not a kid game. It is a game that can be compared with World cup football where all the best coaches come with their best plan and show us how it should be played. Fores is like that too. You have to come out with your best plan to show Forex how good you are to earn money from Forex.
sohagraj
2012-07-11, 09:19 PM
If you want to take my advice, don't even dream or think in making this amount of pips, because this will change your accuracy of analysis and will disturb your concentration in dreaming of the virtual.actually Forex is the most benefited site in the world company. the minimum number of pips your benefit is very much huge. so if you want to a benefited from here you have to more learn it!
asad jes
2012-07-11, 10:09 PM
I am agree to your speech that need a trading plan to be successful in trading. Without planning you cannot progress in Forex..............many people fail in trading for no planning.
shankar_saha
2012-07-15, 02:43 PM
A good trading arrange makes us additional targeted trading, whereas the items we have a tendency to don't need to happen within the trading, it's a consequence of every trader, however the necessary issue is how we have a tendency to manage our margins to still grow evidently.
ishvara
2012-07-15, 04:39 PM
Forex truly requires that we are good planners so as to excel in it. I believe that in this business, once we make very good and competent trading plans, we will achieve the results that we desire in our trading.
EFTER HOSSAIN TANMOY
2012-07-18, 02:13 PM
A good trading plane not to do easy it is too hard we only make a plane then when we have many knolage about it and more money for survival then we will do this .....................
liyonala1988
2012-07-18, 02:18 PM
Planing will make us perfect in any thing. Not only in Forex. So it is better to have good trading plan with you. If you planed correctly then you will be success. But I don't say that you cannot be successful without having a plan. It's depend.
ToengToeng
2012-07-18, 02:20 PM
Of course, because planning is a part of preparation. And with proper preparation only will make you a good and successful trader. And a proper preparation doesn't consist only of good planning, but also a good emotional behavior, psychological state, trading rules, and a proper management (money, risk, leverage, etc)
nabila
2012-07-18, 02:24 PM
thank you for this thread...i reckon before we give any real ground we must hold our own plane .. we must have stiff orbit and believe this mart how it entireness . when we trade and when we buy . how to happen the well style and how to dealings with the disposition . i reckon if we don`t somebody cut we gift regress in few life its no compassion in forex activity
nurhidayah
2012-07-18, 03:01 PM
it is a consequence of each trader, but the important thing is how we manage our margins to continue to grow as expected. the plan would be futile if not based on strong intention, did not comply and apply it properly.
application of the right way of the implementation process we went through a few stages that we should be able to keep well to the implementation of trading with a good plan can make us more familiar with each of the conditions we've been through this
jimloveski
2012-07-18, 03:01 PM
Of course you need a trading plan- this is the most important in investing. You have to have a plan how to protect your money and how to increase your account balance by investing. You also need to know how to 'read the market' - good analyse is very important. Take care about money managment and risk-reward ratio per position. Important is also dealing with the emotions during tradeing. This is all a trading plan.
samilarbi
2012-07-18, 03:10 PM
yes i totally agreed with you the planing is the best way to success in the forex, my plan is to have a legible strategy and having the good sense of money mangement in trading.And another thing that not to get frustrated in any position and do work with patience.
younesjoe
2012-07-18, 03:13 PM
yes i agree with you a plan it's a key to can open a door and make a profit , it's a same her the key it's a plan to can have a success in this market and be good in all the time .
s
mojan
2012-07-18, 03:17 PM
First and for most you need a strategy that helps you take a big step in the forex market that .helps you kill and finish every situation in the forex market so if yov have that then you are good to go.
eng.adham
2012-07-18, 03:21 PM
of course making a trading according to a good trading plan will help us to be successful traders in this business . as this plan divides our goals to small goals which can be achieved easily .
gipsyrex02
2012-07-18, 03:26 PM
Absolutely you have need a trading plan to a successful trader in forex
eldrin
2012-07-18, 03:34 PM
Trading psychology is the perception change that you go through once you are ... trouble with trading psychology is by making a trading plan and sticking to it. ... and follow good risk management practices, you can be a successful forex trader.
girin
2012-07-18, 03:35 PM
sometimes I made umteen mistakes in my trading before and one statement I unheeded e'er is making my own trading guidance. I only hear how to gain my trading contrive this gathering because my conclusion twelvemonth trading have is e'er near experiments with diametrical techniques and strategies
youssef
2012-07-18, 04:02 PM
A good trading arrange makes us additional targeted trading, whereas the items we have a tendency to don't need to happen within the trading, it's a consequence of every trader, however the necessary issue is how we have a tendency to manage our margins to still grow evidently.
trading plan is very necessary to be made trading clear direction and purpose, scalable, and easily controlled because if you can master these three, to achieve the profit would not be difficult for you.
Maham Gill
2012-07-18, 05:13 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
successful trading karna ka lya ap trading main zada sa zada knowledge earned kanra us ka bad trading main jatiine ho saka ap trading main practice kanra us ka bad ap kafi achi ro best trading kar sakta han without loss ka .
ishvara
2012-07-18, 05:44 PM
I do not need to have a complicated and an impossible looking plan in forex trading. This is because of the fact that i use simple plans to deliver the right results that i need in my forex trading.
asadkayani345
2012-07-18, 06:28 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
g haan bilkul aisa hi he ap ko agar forex mein kamyabi hasil karni he to lazmi bat he k ap ko koi na koi strategy bnani paray gi and us par sakhti k sath amal bhi karna paray ga tab hi ja kar ap is mein kamyabi hasil kar saktay hain
digger_jim
2012-07-18, 06:36 PM
Having a Forex trading plan is one of the most important pieces of the puzzle of becoming a consistently profitable Forex trader. Yet for many traders, creating a Forex trading plan can seem like something of a mystery, or perhaps something that they “will do eventually”…
It is this lazy type of thinking that gets many traders into trouble and causes them to blow out trading accounts. Success in the markets is a function of discipline, and most people simply do not have enough self-discipline to determine if they are trading emotionally or objectively. This is where having a defined forex trading plan comes in; a trading plan will act as a guide which will keep you on the disciplined trading path.
Having a written out pre-defined trading plan means you are making an effort to hold yourself accountable to something, this is necessary to forex trading success because there is no one to be accountable to as a trader. You have only yourself to be accountable to when trading the markets and it can be extremely difficult to do the BEST THING FOR YOUR TRADING ACCOUNT when it goes against everything you FEEL like you want to do. This is the entire point of having a forex trading plan; to have a physical reminder of what the best thing for your trading account is at any given time…
The more you push and struggle by over-analyzing market variables the more your trading account is going to suffer, this is one of the biggest psychological paradoxes and hurdles that traders need to overcome before they can realize their full potential as market technicians. This fact is directly related to the concept that patience in Forex trading is rewarded by the market. Patience is one of the best and most important virtues that any forex trader can have. Being patient and waiting for only the “best” price action setups will greatly improve not only your win rate but also your confidence, because when you are trading with a high accuracy you are naturally going to boost your confidence.
This is all well and fine as long as you can manage to maintain your patience as your winning percentage improves. This may seem a bit counter-intuitive at first but it actually is one of the biggest reasons that many traders fail to make money consistently and end up repeating the same cycle of boom and bust in the market. The psychology behind this process revolves around the feeling of euphoria or over-confidence that often hits traders as they become more accurate in their trades, which is almost always a result of having patience long enough to wait for a string of high-quality setups.
Being able to recognize this feeling of euphoria or over-confidence and calmly and consciously over-ride it by walking away from your trade station for a period of time is the best medicine to fix this emotional trading mistake that so many traders make. There are a number of other strategies you can use to remain consciously aware of the potential of euphoria to sabotage all your trading success. If you need to make note cards and post them on your trading desk that say things like, “Be aware of euphoria after winning trades”, or “Don’t stop being patient just because I had a winning trade”, than by all means do it. The period right after a winning trade or a series of winning trades is the exact point in time that separates the amateur traders from the pros. Pro traders are always consciously aware of how they are feeling and whether or not their emotions are influencing their trading activities.
One of the best ways to not let emotions influence your trading activities is to have a defined trading plan that describes in concrete terms what you will do in any given market scenario. Many traders do not attempt to have a trading plan because they aren’t really sure where to begin or how to write one. It really does not need to be extremely long or complicated to be effective. Essentially the point of a trading plan is to keep you honest with yourself because if you don’t do it no one else is going to. And this is exactly the problem most traders have in the markets, there is no one to be accountable too if you lose all your money, except yourself. You aren’t trading for your boss or someone else, unless you are a prop trader, but most traders don’t make it that far because they cannot even be accountable to themselves first.
So what exactly does a high quality trading plan need to contain? Well it doesn’t need to be super complicated, as stated previously, the MOST important aspect of an effective forex trading plan is that you can somehow force yourself to ACTUALLY USE IT. Tape it up somewhere that you will see it every time you trade, read it every day. I have personally written trading plans in a note book only to never open the note book again. Don’t do this, don’t write it down in a note book, type it up on your computer and print it out if you need to, then place it on your trading desk, hang it on your fridge, whatever it takes so that you READ IT EVERYDAY.
It doesn't have to be complicated because you won't be able to implement it should your plan is complicated. But you need to make a thorough plan if you want to succeed, my friend. And a thorough trading plan is not limited on entry and exit strategy alone. You need to structure what you do before, during, and after trading. You need to have to plan how much money you're gonna start with, how much you hope to grow it reasonably, what would you do phase by phase as your equity grow, what you need to see in the chart to conclude that a setup has formed, what you need to see that a trigger is hit, have several basic scenarios of what might happens during your trade, and contingency should something unusual happens. And you have to list them in order.
A long plan does not always mean complicated, my friend. If you have it structured, it is called a detailed or complete plan. A complicated plan is an incomplete plan which leaves you gapping at something unusual in your chart while your profit slipped away, or a plan which jumping around from money management to entry-exit to contingency and back to money management, or something similar.
ripon4x
2012-07-18, 06:38 PM
Yes for sure, Some people think platform is just a short cut to get rich quickly. But without a plan, you will hardly find a successful trader in this field. You need to have a pretty good plan of money management and of your strategy.
Bankmen
2012-07-18, 06:44 PM
Who make money in forex trading might exist, I do not really know about things like that, but what I know is that traders may make profit and can be said that the merchant is already making money in this trade.
abdulahi
2012-07-18, 07:46 PM
yes all forex trader need a trading plan to be successfull in forex trading surd know you plan ,before the market start be a good analyzes the market surd know where entry place, take profit and stop loss
cozard007
2012-07-19, 01:23 PM
Sure, it is a sure thing to gets the bets out of the forex market through planning and the like, by planning well, you will be able to trade and adopts nice account mangement.
shankar_saha
2012-07-22, 02:21 PM
yes it's the primary and foremost issue in forex established your plans and methods .a forex trader while not a concept is like ship while not radar going nowhere.set your goals massive or little doesn't matter.
khaled6969
2012-07-22, 03:07 PM
Plan some of which are successful and can be profitable for the circulation of foreign currency and the other a failure until you know try it on demo account
faial
2012-07-22, 03:11 PM
yes thats right, i think you need to set a clear plan and discipline with it before you start trade with your real money, you took also the best signal important and dont enter until you see the signal from the indicator that you are following it
newentry
2012-07-22, 03:19 PM
yes, a trading plan will guide us to get the right way and we do not blind in the market ....
but we need to talk with experiences too, becaseu a plan is a plan and the market always talk with diffferent with us and show the new face every time, did you have some options for some conditions?
dharampal
2012-07-22, 03:28 PM
yes if you wanna become good trader and successful trader than you must have good plan for trading.and good strategies.many people doing trading but most of fail because they don't have good plan and good strategies for investment .
kazinizam
2012-07-22, 04:18 PM
Yes i should like to trading plan to get successful in Forex trading market.And i hope every need a plan to do batter in this field and every one to get successful in this trading market.
redlion
2012-07-22, 05:06 PM
like in all other enterprises forex too need a plan for a trader to be successful. its no possible to even exits for about a week without a trading plan as i see it because the high volatility of the forex market will more often than not will wipe out the account in no time. there fore one should always have a trading strategy and a trading plan devised according to that strategy.
rokonripon
2012-07-22, 05:20 PM
Without goal or plan nobody succeed in forex.Because it's not for a single day but it's the long term learning season and making a plan you can be a expert trader in forex for a long term.
nobby
2012-07-23, 03:14 PM
A trading plan is a very important tool for any trading who wishes to make a headway in trading the forex market. Without a trading plan traders will more often than not come to a loss in their trading decisions.
mcceducation
2012-07-23, 03:33 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
if you have no plan you are cannot gain in your personal life so Forex Trading is very popular business so why not need plan? here need create plan the hope success the Forex Trading.
tuturtugjtu
2012-07-23, 03:47 PM
Hello Friend,
I think without a proper trading plan and proper money management rules you can never
survive in the very risky market of Forex. Making a trading plan consists of how much will
be your profit and how much u r willing to risk of your equity.
Thank you.
yes this is very important , most trader do not care with use plan or money management
but it is very neccessary to use it as you can determine how and when you exit from the trade when it turn against you
Russell
2012-07-23, 04:27 PM
Yes, off course trading plan is needed to be successful. Forex trading is very risky it is not easy at all. So you have to make your own plan that how you will do trade. You have to make a strategy and also you have to make a good money management to survive in Forex market.
thomaz123
2012-07-23, 04:39 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
Yes i'm agree with you. I think all trader that want to be success must have their own trading plan/rule/system that they must obey. So emotion can be handled not ruin our trading.
fatema
2012-07-23, 05:26 PM
you need a trading plan to be successfull in trading
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
If you have no plan you cant success anywhere in your life. remember forex trading is a biggest market in the world and it has own rule. so trader must have nice plan. otherwise he never success, and its true that if you earn more, must analysis more and practice more.
prothom.ses
2012-07-23, 05:52 PM
yes brother a successful trader must have some good plan for his business. every one should to take it. when i start my trading job i follow a good trader who earn lot of money from forex trading business. now i think i am a successful trader and i know what i doing for my carrier.
Rahul
2012-07-23, 06:08 PM
sabhi ko trading ma safal hone ke liye ksis plan ka banana jaruri ha nahin to bina ksisi planing ke koi b business safal nahin hota aur nahi h0 sakta ha isiliuye trading karte samy ek acchi planing kare jisse ki losss na hone karan kam ho
prothom.ses
2012-07-23, 06:19 PM
Working without plan is like a boat without a boatman.So,in every span of life we need to stick to our plans.We have proper plan means we are going to achieve our target very easily.
pbelim
2012-07-23, 06:24 PM
I only learn how to make my trading plan this year because my last year trading experience is always about experiments with different techniques and strategies. Now I am a better trader this year. if i have a successful trading strategy that is good and give most of the time profit near to 80-90% than no matter of money management or trading plan.
jamalmolla5
2012-07-23, 06:42 PM
I agree with you cause without plan it is very difficult to gain in forex market
My suggest to you that:
first think
then analysis
then market overview
shuchi
2012-07-23, 07:00 PM
A honorable trading counseling makes us much convergent trading, patch the things we do not need to happen in the trading, it is a import of apiece merchant, but the main abstraction is how we win our margins to preserve to farm as likely.
ontorip
2012-07-23, 07:05 PM
of cource news is very important thing but i think prediction of the news is very diffecult cause it may be secrets of countries and you can know it early so the economy may be down
sazzad
2012-07-23, 07:13 PM
Yes trading plane is the first work before doing trade in the real account and in the trading plane various things will be included like trading strategy, timing and proper money management if these things can follow a trader then he can be a very good trader of this market.
prothom.ses
2012-07-23, 07:14 PM
i a professional forex trader and i have some idea for my business. i always try to take information from others and try to follow a good trader who earn lot of money from forex trading. if any one try to do this then he must success in his business.
ontorip
2012-07-23, 07:17 PM
you must need a trading plan to be sucessful in forex market.because if u dont have any trading plan you will not know what will you going to do and thus you will loose all your money.
jamalsale
2012-07-23, 09:05 PM
trading plan and strategies are necessarily on a successful trader business /
after sometime in trading the trader can made his own strategy .
love forex
2012-07-23, 09:09 PM
I work in the forex randomly without a good plan for the capital will lead to significant risks
Technical analysis is also good and access to a good strategy in technical analysis and commitment are the best keys to success in the forex market
Isafan87
2012-07-23, 09:12 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
It surely is my friend. Like me, before this I can't come up with good strategies, my strategies only last for a period of time, then I will loss. But since I experience so many trade from then, now I can came up with a better strategies and earn consistence profits every months.
SAEED
2012-07-23, 09:12 PM
Yes,every successful trader have trading plan.Without planing hard to be successful in any work.In forex proper planing helps one to reach his target.
ISHAN5
2012-07-23, 09:14 PM
yes friend if you ever want to become a successful and good trader then you always have a good and proper trading plan because without having a good and proper trading plan you can not become successful in forex trading business.
iqubal13
2012-07-23, 09:16 PM
Yes, I have need strong trading plan to become successful trader. Plan is essential part of our trading & family life. Without a good plan business is not doing better. Trader trading plan way & better for business.
moonlight
2012-07-23, 09:17 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
G han trading plan boht important hy agr tu trading plan nahi ho ga tu hum na tu zyada dyr tk survive kr paen gy ic business main aur na he acha profit bna paen gy. Jb ak strong plan ko follow kea jaye tb he trading main acha result milta hy.
tariktanjaoui
2012-07-23, 09:20 PM
good topic my brother
so me too i am agree with idea so to be a successfly trader all trader need a good trading plan because the plan is the key to success in addition the trading plan help us to get profit .
forex8182
2012-07-23, 09:29 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
g han ap theek keh rahe hain forex trading market me kamyaabi haasil karne ke liye har trader ke pas aik acha plan hona bohot hi zaroori hai so hamesha trading aik ache plan ke sath hi karni chaie
mdnahid
2012-07-23, 09:38 PM
Forex trading plane to be successful the nature of markets.trading plan before the open position.but forex market business is a big amount for the international trades business.
Juleenayer
2012-07-23, 09:42 PM
Yeah you are right in this case that you have said the right thing. I have a plan that can help me to earn in the Forex.
I think that it is an useful topics for Forex. So please share your trading plan?
Yes, to be a successful trader, there should be a trading plan.Without planning, no decision will be fullfilled.If you plan properly before trading, you will not lag behind and you will make profit consistently.The length of profit depends on the planning whether it is good or bad.A bad plan can do the opposite effect.It can make a huge loss in place of profit.So planning is a vital matter in Forex.
Rahul
2012-07-24, 10:13 AM
haan kisi b kam me scuccesful hone ke liye to plan ki jarurat padti ha ha..nahi to bina ksis plan ke to koib kaam bigad sakata aha and loos ma ja sakta aha isiliye trading karte samay ek acchi planing kare aur usi plan ke anusar chale
raka999
2012-07-24, 11:01 AM
I think, all things must have a plan if you want good results. moreover this is the forex market, full of uncertainty. and have a very high degree of risk. without a clear plan, then you are going to get rid of your capital in vain.....
kaushik2402
2012-07-24, 11:08 AM
I think, all things must have a plan if you want good results. moreover this is the forex market, full of uncertainty. and have a very high degree of risk. without a clear plan, then you are going to get rid of your capital in vain.....
Yes Bother I am totally agree with you.It all about some mind game, whether to invest or not.So every mind game needs some plan.Although today's trading is not so much turbulent as before but still why take the chance.I little thought would bring some big in return.
sheli23
2012-07-24, 11:14 AM
i think it is true building a perfect trading plane required a good framework also,there are important points in determining the framework,the nature of market,management and strategies.above is my trading plane before the open position,if you can master these three,to achieve the profit would not be difficult for you.and it is true.
zahurulchd
2012-07-24, 11:14 AM
Of course we need a trading plan to be successfull in trading. To make a plan we have to gather knowledge of doing analysis, Learn important indicators, follow the news of the countries of the currencies. Make plan and do trade with having patience, will be success in trading.
ronin
2012-07-24, 11:17 AM
prepare plans and strategies are needed in every business that will be undertaken. when doing business in the forex is better to plan something that runs slowly but surely to be realized, rather than something that is great but hard to do. because the plan would only be a burden.
ahmedi
2012-07-24, 11:22 AM
Yeah you are right in this case that you have said the right thing. I have a plan that can help me to earn in the Forex.
I think that it is an useful topics for Forex. So please share your trading plan?
Yes plan is good in our trade, surely doing plan need patient and its hard, patience that helps a forex currency exchange trader to get a good money management strategy and stick with it and follow it at all times. There is no success in forex trading business without supreme patience.
kuttus
2012-07-24, 11:35 AM
i think it is true building a perfect trading plane required a good framework also,there are important points in determining the framework,the nature of market,management and strategies.above is my trading plane before the open position,if you can master these three,to achieve the profit would not be difficult for you.and it is true.
Yes my friend Treading mean totally planing.With out planing you can't survive in this treading market planing mean a proper money management,proper time for trading those thing are really importance.And with some proper planing you can earn a huge amount of profit.
xomes
2012-07-24, 12:03 PM
prepare plans and strategies are needed in every business that will be undertaken. when doing business in the forex is better to plan something that runs slowly but surely to be realized, rather than something that is great but hard to do. because the plan would only be a burden.
Yes we need good plan to get better trade, sure i have to belief in myself that if we have a strong desire in this trade and are always able to follow the plan in any of our trade, we will have the opportunity to make plans to walk in accordance with what we want.
fore9
2012-07-24, 12:06 PM
I am reach agreement to your speech with the purpose of need a trading arrangement to be flourishing successful trading. Without being after you can't get on in Forex...........Many group fail in trading in support of veto planning.
wahidaaa
2012-07-24, 12:25 PM
yes it is very true without solid planning we are not able to do good and the same is the case with the trading.We can not become good traders unless we are able to have some rock solid trading strategy and the long term money and the risk management plan.Here most of the traders try to trade without any plan and some times this results in bad trading and account washouts,so if we are planing to have the trading as a full time job then its better to have a planned approach.
sayem
2012-07-24, 12:51 PM
Ya of course every traders need a plan or his own business strategy to do well and good profit in this field. evry successful traders has his own business plan. without plan any trader can not be gain on his trade. so we should be make better plan to better profit.
most beginning traders make the mistake of not having a functional trading plan.having a forex trading plan is necessary for the growth and prosparity of any trader.
karib
2012-07-24, 05:02 PM
yes you need trading plan to success,if you gainer in forex trade you need traning.thank you all:)
gulab
2012-07-24, 05:09 PM
you are right Forex is not a game of a day or two, it is long business which we assume will imporve with on every coming day, and for this long type of business we need a trading plan so we cant move from Forex.
gandha
2012-07-24, 05:11 PM
the nature of markets, strategies, and management. above is my trading plan before the open position, if you can master these three, to achieve the profit would not be difficult for you.
The most important thing is to make plans when the price movement in the opposite direction we are, what we should do, what strategy should be undertaken to minimize the losses that have been i can. use stoplose hedge or even do cutlose
irfanchauday
2012-07-24, 05:27 PM
han yeh sach han humy apni saari trades bara dehan aur carefully karni chaye humy trading plan karke karni chaye jis mein analysis ke through apna t.p aur s.l set karlena chaye takey aucha profit bhi mill jaye aur kisi heavy nuksaan sy bhi bach jaye.
tonmoy
2012-07-24, 10:07 PM
i anticipate afore we accessible any absolute annual we accept to accept our own even .. we accept to accept able appearance and accept this bazaar how it works . if we advertise and if we buy . how to acquisition the acceptable trend and how to barter with the trend .
jamalsale
2012-07-24, 10:15 PM
yes I'm agree with you we need plan to survive any business And Forex is not an exception.
that plans must have An objective and you must now what you're doing.:good:
mou3ad15
2012-07-24, 10:18 PM
of course if you want to be successful in forex trading , you will need to use a good plant , because trading without plant is like fighting in war without weapons ! the plant will helps you to manage your trade without big mistakes
ranim
2012-07-24, 10:28 PM
hank you for this thread
i think before we open any real account we must have our own plane .. we must have strong view and understand this market how it works . when we sell and when we buy . and safely and also we have prepared some options to overcome some condition
pak forex
2012-07-25, 12:53 AM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
bahi jan main trading main newbie hoon main na trading main ya plan ka ha ka main sub sa pehala trading main apna knowledge earned karon ga us ka bad main trading main zada sa zada practice karno ga us ka bad he main really account par trading karnon ga taka muja trading main zada sa zada profit earned ho saka.
I agree with your opinion. without trading plan none can success in forex trade but it also difficult create excellent trading plan . fundamental analysis and technical analysis also helpful for making good trading plan. i will happy if you have any trading plan that can share with us .
saviour196
2012-07-25, 03:30 AM
you are right i agree with you that there should be some trading plan actually plan contains your strategy or you design it afterwards and also the target to achieve,so its better to make a plan.
Rahul
2012-07-25, 06:54 PM
yes hamesha har ksisi ko ek trading plan chahiye hota ha trading karne ke liye nahin to loss hona sabhav ha agar koi b bina ksisi plan ke koi kaam karta ha to wo loss ma chala jata ha and har kaam ma loss hota ha bina kssi plan ke chalne se ..
with time, every trader gets the experience of the market and trading. so, to earn profits, all one needs to do is that he should keep track of the way the market is running and should know when and where to invest. also he should know when to sell or buy. And ll this comes with experience when you give your time to forex trading. that's the plan one should have.
ahmedi
2012-07-25, 07:27 PM
People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time.
Forex trading become easier for beginner only if the trade it and also learn from each and every aspect of it. In trading forex new beginner have to visit the market every day in other to understand more about the trading system.
biku23
2012-07-25, 07:39 PM
before coming to forex trading you are to know how is forex trading? then when you start trading making a demo account, you must have to take plan. without taking a plan you can't advance a step. so before opening an account you need a trading plan to be successful in trading.
istaka
2012-07-25, 07:49 PM
yes you are right it is true i agree with you , you need to get the right plan to make a good profit in forex market , forex is random movement but we can not get profit with random orders we must use a plan and folow this plan we have to get strong money management.
mamun321
2012-07-25, 07:55 PM
Yes, we need a trading plan to be successful in Forex trading life. If we trade without plan we can go far away from this forex market very soon. When we will fail one time will be frustrated for the lacking of plan.......Thanks
Chi Pheo
2012-07-25, 08:09 PM
Yes, it is right my bro. i think , it is very important for traders to make a plan before they want to trade. A plan always play te first position for traders. it can help them to know what are they doing exactly. Beside, it help traders to learn more and protect their money well
there has to be a trading plan and a very powerful stratgey for the trading and the plan B as well in the forex trading and we have to be making the trades accordingly
nusratbegumbd
2012-07-25, 09:40 PM
I only trying to learning that, how to make my trading plan this year because my last year trading experience is always about experiments with different techniques and strategies. Now I am a better trader this year.
asmoshaa
2012-07-26, 01:45 AM
yes , that for sure the trading plane is one of the most important reasons foe success on Forex ,
and i think it must be good plane depend on the technical analysis and the news analysis and also on the indicators so try to have such plane ,
and try to put the suitable strategy that make your plane .
mostwanted
2012-07-27, 03:27 PM
Of course i need a trading plan to be successful in Forex. Cause without planning one can't be successful in any business. And Forex is not an easy business. So, we must plan and we also have to work hard to do well in Forex trading.
Rahul
2012-07-28, 10:16 AM
yes sabihi business ya work ma planing ka bahut accha karan ha kyunki planing se kaam karne par kam time ma kahatam ho jata ha aur loss b nahi hota isi trah trading ma b planing ka acha role he ..do trading while making a good planing
mohosin
2012-07-28, 10:49 AM
Without plan a businessman not a businessman. So, plan is very important for everything not only for forex trading. By making plan many man can be successful in his life's every sphere.
sourav
2012-07-28, 10:57 AM
i think before we open any real account we must have our own plane .. we must have strong view and understand this market how it works . when we sell and when we buy . how to find the good trend and how to trade with the trend .
sujit02
2012-07-28, 11:26 AM
trading karne ke leye hame planing karana to hota he hai planing karne se trading successful hota hai planing kar ke trading karna profit karne ka ak aacha tareka hai i think planing is successful in trading..
bestlooser
2012-07-28, 11:51 AM
agar aap k paas koi plan nahi hoga tu aap hamesha confuse raho ge aur different situations mein phans jayo ge aur samhh nahi aaye ga k karna kya hai is liye pehle se plan karna aur difficult situation k liye pehle se hi prepare rehna kaafi kaam aaye ga aap k aur mein hamesha ready reehta hn worst se worst k liye.
irfankhan640
2012-07-28, 11:53 AM
yes it is true Everything you start with a plan you will be successful in it. In Forex if you start with a planning then you will earn good profit from it.
dearmizan2012
2012-07-28, 12:01 PM
A perfect sale approach can make me other direct sale, once the products we tend to tend not to love to come in an selling.this is usually a result associated with every different trader.but your daily important feature is actually insights on how we tend to tackle the margins that will still improve as necessary.
ahmedi
2012-07-28, 12:04 PM
Of course i need a trading plan to be successful in Forex. Cause without planning one can't be successful in any business. And Forex is not an easy business. So, we must plan and we also have to work hard to do well in Forex trading.
Yes plan need to play in good rules of trade, ways to become a good trader in short period of time is nonsense, is you must use demo account for 3 - 4 months, take short courses about forex trading or Learn form books about forex or learn through forex forum
Isha debnath
2012-07-28, 12:13 PM
A plan help one to reach to his goal faster.if you have a plan in trading then you will be able to achieve it faster and if there is any loss then you will be able to recover is faster.A trader should always make plan before trading and should keep the journal.cause both will help you to improve your skills
Hiron
2012-07-28, 12:58 PM
Yeas. You are right. I think that Forex is a good business where we should have a good plan , without good working plan, we can not get
good profit. So we should make a good profit.
Lijon
2012-07-28, 01:16 PM
certain you are power, your daily seller are and crucial to be able to suffering from your own sale blueprint on these are if you're your own selling there, selling software if you are them know what that they would achieve and then promoting plan render persons may know how to make the large trading where commercial as successfully
abmalek69
2012-07-28, 02:43 PM
a good trading plan is the prerequisite for making good profit. a good trading plan needs a good framework. a plan is a blue print to show the right way for success.
Of the most important factors for success in Forex trading plan for the organization and consists of a good strategy and a solid plan
asifchy
2012-07-28, 03:17 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
Yes brother i need a trading plan to be successful in forex trading.I think every trader have a dream to be a successful trader.if trader can properly analysis the forex trading i think they can build a trading plan.
truegoa
2012-07-28, 03:25 PM
yes i need a plan to work in forex.because if you not plan of your success you can not success in your future life.so everyone make a plan in his own
Every success start from good plan that fulfilled by good dicipline to stick on it. Even in forex trading activities, we need good plan for everytrade we will place. We need monthly, weekly, daily and even every trade we will face. Dont be lazy to draw our plan clearly in our book (or something similar) since we will be paid for our effort including this plan fixing.
The Sniper
2012-07-28, 03:29 PM
thank you for this thread
i think before we open any real account we must have our own plane .. we must have strong view and understand this market how it works . when we sell and when we buy . how to find the good trend and how to trade with the trend . i think if we don`t have plane we will lose in few days its no mercy in forex market
absolutely. without a trading plan and good financial management own rules you can never survive in the forex market very risky .. developing a trading plan consists of how your benefit will be and how much ur willing to risk equity ur ..
ishvara
2012-07-28, 04:00 PM
Of course we traders need to trading plan in order to succeed in forex trading business. A good and comprehensive trading plan must be followed very tightly by the trader so as to make the best of results.
torquee
2012-07-28, 04:09 PM
yes wih no trading plan the traders have no singe way to walk on rather they will keep trying their luck in all the plans and then several will make him loose the money so keep one plan
dfgdfhdfjty
2012-07-28, 04:21 PM
Hello Bro,
I think a good trading plan makes us more focused trading, while the things we do not
want to happen in the trading, it is a consequence of each trader, but the important thing
is how we manage our margins to continue to grow as expected.
Thanks.....
Adnan
2012-07-28, 04:22 PM
I don't have a trading survival plan, but I have LOW leverage and LOW position sizes compared to my capital. It will protect me from bigger losses while bigger drawdowns come. Also i follow signals from different websites...
rose ali
2012-07-28, 04:25 PM
ab ap forex trading main 1 awaaz munsoba bandi k shat rah sakty han zeya imkaan karo baar ka 1 bhtar din tajarbah shuru karna hy aur ye mai soch hy jo bulkul theak hy.........
mmmoudud
2012-07-28, 04:26 PM
My opinion,in building a perfect trading plan required a good framework also there are important points in determining the framework,the nature of markets,strategies,and management.above is my trading plan before the open position,if u can master these three,to achieve the profit would not be difficult for u.
abdulawal
2012-07-28, 04:26 PM
Everyday We are mastering and mastering forex trading, simply because I did not see it is any kind of stopping. day-to-day When i come across something fresh i would not understand. consequently regarding keeping mastering generally i am dealing. I'm sure everyone ought to do it. that circumstance it will provide you with beneficial end result regarding dealing.
raqeeb0504
2012-07-28, 04:27 PM
Yes, you are right. Every successful business build up upon better planning. There is no exception in case of forex also.
Jupri
2012-07-28, 04:38 PM
Trading Plan is the first equipment to be prepared by a trader. Just as if we want to make a house we do have house plans. Similarly, if we want to start a business we also need to plan better known as the "Business Plan". Thus, each initiate an activity we need a careful planning to reach success. It was said that planning is a 50% success
muhit90
2012-07-28, 05:05 PM
Of corse we need a successful trading plane.
Without trading plane no trader can success.
Before start real trading we must have strong view and understand this market how it works.
fantasyman
2012-07-28, 05:06 PM
actively. and it doesn't involve that relevant selling application and as a result actual prosperity repairs ideas it's possible to for no reason final in an too destructive financial involving currency.. construction an sale account include tips about how a great deal must be the actual advantage yet specifically how a great deal u r happy to danger along with ur resources
qasab
2012-07-28, 05:23 PM
Only we when have an exam then we try to make a plan for the exam and this is more then just an exam then how we can bothered to avoid this trading plan her is our trading.
forex8182
2012-07-28, 06:43 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
g han apko trading plan ki zaroorat hai forex trading market me trade karne ke liye is ke begair kisi be trader ki trade achi nahi ho sakti jab tak us ke pas plan na ho koi
Sun-Moon
2012-07-28, 06:54 PM
To win in trading, one must need a good trading plan. Without a trading plan, no one can be successful in Forex trading. It is true like the sun and moon.
ahmedi
2012-07-28, 06:55 PM
obviously you need a trading plan to trade in this Forex trading market. i think that without having any trading plan you can not make a better profit from this Forex trading market.
Yes It depends on you, your passion and to your dedication. Losing at the start is part of the learning process so don't dis-pair. You need to develop realistic expectations of the market and management well.
saifth1391
2012-07-28, 07:03 PM
Every thing need plan to get success. So in Forex market it is also need to be a successful one. If a trader fix the trading time, also fix the limit of pips he earn a day, and what indicators he will use, then success is the matter of time to him. planing is the key to success..
jamalsale
2012-07-28, 07:07 PM
Forex truly requires that we are good planners so as to excel in it. I believe that in this business, once we make very good and competent trading plans, we will achieve the results that we desire in our trading.
mimunaislam
2012-07-28, 07:30 PM
Planning is a part of preparation. And with proper preparation only will make you a good and successful trader. And a proper preparation doesn't consist only of good planning, but also a good emotional behavior, psychological state, trading rules, and a proper management.
ses20bd
2012-07-28, 07:51 PM
A good plan make you success. We open any real account we must have our own plane. An experience trader always make her plan for win in forex business. So, we need a trading plan.
affan9011
2012-07-28, 08:17 PM
According to my judgement without a disciplined plan trading contrive and prissy money direction rules you can never subsist in the really unsafe market of forex.. making a trading system consists of how more instrument be your profit and how some u r ready to seek of ur equity..
mdkhan
2012-07-28, 08:22 PM
I feel it's true that need to make better plan for trading. then People can make success in forex trading market. bust of luck.
optimum07
2012-07-29, 07:10 PM
yes
you are right. every trader must have a trading plan to be successful in trade. if a trader have a good trading plan he get a good profit from hear and be a successful trader. but market knowledge is also essential for forex trading. trading plan and market knowledge makes you a good and successful trader.
mimunaislam
2012-07-29, 08:15 PM
Forex is not a kid game. It is a game that can be compared with World cup football where all the best coaches come with their best plan and show us how it should be played. Fores is like that too.Without having a proper trading plan, one can not be a successful trader.
Eshita Malik
2012-07-29, 08:18 PM
Yes ofcourse sir this is the fact of any business or a any work,agar hum pehle se koi plan ya strategy bnaye ghay or phir trading kre ghay to hi hum success hasil kr sktay hain so for me it is compulsory :good:
Dragon
2012-07-29, 08:26 PM
For any work in our life, we also need to have a plan, my guy. It is very important for us to make a good plan before we get in trading.
i have seen many traders who is lack of a plan for their trading, and the result, they lose all their money.
i think that making success from this trading is not easy think but making this traders should have a plan for making success .traders who have no trading plan they can not gain success from this trading.
radzo
2012-08-04, 12:23 AM
forex is a online based income source .if you are a successfl trader you must be gain some knowledge about forex and do some this job carefully.it is a online business.
sinaga
2012-08-04, 01:05 AM
yes, a good trading plan can make us take advantage. we need a good plan, before the start of trading. Here we must show that we have the skills analysis, and discipline to set management. This can help us make a profit and stay afloat in forex trading.
fikram
2012-08-04, 02:57 AM
I start the next week and make at least 20 pips t0 60pips a day not every day but the end of the week the total is positive sometimes close some negative trades but i close other take profit.
naziakhan
2012-08-04, 07:22 AM
dear always plan your trade and trade your plan .it is very important in forex that we should trade with plan and do not enter in market with out plan and also do not exit from the market without plan the you will be a good trader and successful trader.
fakermane
2012-08-04, 07:26 AM
Trading Plan is Important since the Market is unpredictable.. you should make two Plans, the First Plan is the Plan that you will use and the Second Plan is the Plan that you will use if only your First Plan get Fail.. it is easy to say but we often don't Discipline with it, even we don't have Trading Plan at all.. lol..
hardworks
2012-08-04, 07:40 AM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
But, how can we get good strategies. I searched that for long time and settle down with my own plans and strategies. And i am updating the plan by every deal, if i found any mistake. There is always a different movement in market which makes the unpredictable situation. I need to find the right time to enter in to the market. Let us discuss.
m520i
2012-08-04, 08:17 AM
Your saying will be true if you choose the correct plan. Not much people can do it. :) Saying is always easier than doing things. When you begin to develop your plan, you will see that it is not easy, and you will need a long time to maintain that plan.
dmambi
2012-08-04, 09:03 AM
Trading plan help a trader to bedisciplined in his approach to take concrete decision. Also planning ahead will help us to do trading without any kind of tension. Our trading plan should include money management and good analysis methods also for effective trading results.
mithun
2012-08-04, 09:18 AM
I think trading plan is very important for every forex traders,because forex is a world wide trading plat form,it is not so easy business to us,if we do not have good trading planing so we shall not be able to become a good forex trader in future.
spiderman
2012-08-04, 09:19 AM
i think for that with the build for the plan for our beautiful for forex trading then we have just opened for the road and that we have would pass is a plan is like able for the print for with us to shown for the correct way and then we could forex trade with the good and also we have been prepare for few option over come with few condition for achieve the goal.
plankton
2012-08-04, 09:24 AM
we forgetting that it can lead to big loss also and now after getting experience we thinking of lot size,I believe that we do not have to open position every day.It's better to wait some strong signal from past or using some strategy,
one thing is very important in forex and that is the trading plan and the and good strategy and you can make this strategy by taking the good time and the experience in forex. when you will do this then you can get good money in forex.
featurelion
2012-08-04, 11:40 AM
true the longer we stay in forex trading, then trading is increasing experience, because experience is the most valuable teacher, the failure can be an experience to continually improve trading plan
jee bhai aap ney sehi kaha hey hum ko planing kerna chahiye kunki planing bohot hi zeroori hoti hey achi trading k liye or her trade ko plan kernay sey aap ka hi faida ho ga aap long term trading ker payein ge or acha pesa ley payein eg
hashmi khan
2012-08-04, 12:01 PM
Of course we need a trading plan to be successful in trading because without hard work and knowledge you never get profit here. if you know the condition of market and different strategics then you will earn profit otherwise you loss your money so i think planning is must in forex trade.
forextraderpak
2012-08-04, 01:27 PM
g main ap ki bt sa agree karta hn k k trading k liya hamin ak trading plan ki zrorat hoti ha trading plan k baghir hm forex main successfull ni hosakta hain r ak acha framework k liya ak acha trading plan ka hona zrori ha r es k elawa hmin r b cheezon k bra main knowledge honi chahiya like frame work markets ki nature r strategies r managent wagarh hamin es k bra main b knowledge hona chahiya trading k liya jitna zroori ak tradin plan ha utba hi zroori markets r in main mojoods sb cheezon ka knowledge ha
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
hi friends,
in my view,it is necessary a trading plan to be successful in trading.because without planning you cannot progress in Forex and get profit............
solidperson
2012-08-04, 03:33 PM
long lasting strategy is the main challenge for our career ..those who having a good strategy with long term planing they are real hero in my view and i think without long lasting there is no chance to win or successful in this market ..and without a perfect strategy it's not easy to survive too long here
forexmaster
2012-08-04, 03:41 PM
yes right forex trading plane is a very important forex traders and every forex trader and forex trading is avey big business and forex trading is a money making machine and forex trading and forex trading money management and forex trading plane is important forex trader and a trade trade forex market for forex trading but he not a plane her forex trading he is not be a good forex trader and forex trading is a very risky and as well as a very profitabe business so we should try to bulid a plan Forex trading
Mungkin Tukang Scam
2012-08-04, 03:54 PM
we have to make a trading plan before trading. This will make us move more focused and with clear objectives. with all the trading plan also will be easier and make our trade better in the future. needed now just getting used to.
Some investment management firms also have more speculative specialist currency overlay operations, which manage clients' currency exposures with the aim of generating profits as well as limiting risk
ntoed
2012-08-04, 06:57 PM
we need a trading plan to increase your account balance by investing. we should set our target and make strategy to achieve our target. we must have powerful perspective and comprehend this industry how it performs. without taking a plan you can't advance a step. we should discipline to follow our trading plan.
GUTEMBERG
2012-08-04, 07:01 PM
The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
I totally agree with you, plan a trader is crucial to your success in the forex market to operate in any way will break very fast, no friend of forex players, greed and who has no money. Forex is for professionals, serious people, but what would be the forex without the unwary? rsrsr
samsumit
2012-08-04, 07:01 PM
ya i want trading plan to be succesfull because if you have the knowledge about trading you should use that knowledge into it.it will be helpful for the trader and w get achievement as well.
ashar
2012-08-04, 07:02 PM
In my opinion, Generally,The feelings of greed and fear orginate from lacking of forex knowledge.we can notice that beginners tend to have this feelings because they have poor forex knoweldge.
roopesh11
2012-08-04, 07:13 PM
We all are need some trading plan. Because when we make a good and perfect plan for the trading then our trading will be good. Every trader making some plan for their trading. Some of then getting success and some them are not. But always we have to do the practice.
challenger ab
2012-08-04, 07:22 PM
i think every trader need for good planning to earn good and the planning will depend on his skills, his experience and his strategy so if he succeed to make god system beside good mange to the capital he will put good planning but if his experience not good he maybe fail in trapping the market
Sujay
2012-08-04, 07:39 PM
Agreed, 101%. I used to trade without plan a few days back but with plan and strategy I think I can react better to my results and not really feel bad about the losses as much as I used to because the losses are always there in back of my mind and so are the profits!
Powered by vBulletin™ Version 4.0.8 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.